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Arianne Phosphate ( (TSE:DAN) ) has issued an announcement.
Arianne Phosphate has appointed Pierre Fitzgibbon, a former Quebec Minister of Economy, Innovation, and Energy, as a strategic advisor. Fitzgibbon’s extensive experience and network in the mining and critical minerals industry are expected to accelerate Arianne’s efforts in developing partnerships and advancing the Lac à Paul project. This appointment is significant as Arianne’s project aligns with the growing demand for LFP batteries, especially as the West seeks to secure its supply chain against China’s dominance in LFP production.
More about Arianne Phosphate
Arianne Phosphate is a development-stage phosphate mining company focused on advancing the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region. The company is positioned within the critical minerals sector, aiming to produce high-purity phosphate concentrate for use in fertilizers and lithium-iron-phosphate (LFP) batteries, which are crucial for electric vehicles and energy storage systems.
YTD Price Performance: -3.00%
Average Trading Volume: 163,761
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $18.35M
See more insights into DAN stock on TipRanks’ Stock Analysis page.